Toshiba Energy Systems & Solutions Corporation has announced a major investment of 55 billion JPY in its power transmission and distribution (T&D) equipment business by FY27.
This move is aimed at more than doubling the combined production capacity at Toshiba’s key facilities in Japan and India by FY30, compared to FY24 levels. The expansion builds upon a previous JPY 20 billion investment announced in July 2024 for FY24–FY26. Due to rising global demand, Toshiba will inject an additional 35 billion JPY into its Hamakawasaki Operations in Japan and Toshiba Transmission & Distribution Systems (India) (TTDI) in Hyderabad. The investments will support modernisation, new production lines, and infrastructure upgrades.
Site-specific improvements include product lineup expansion in India to cater to global markets. The initiative is in response to increasing electricity demand, aging infrastructure, and growing renewable energy use, aiming to ensure a stable global T&D equipment supply.